Kevin ODowd - Loop Industries Vice Relations

LOOP Stock  USD 1.32  0.07  5.60%   

Executive

Kevin ODowd is Vice Relations of Loop Industries
Address 480 Fernand-Poitras, Terrebonne, QC, Canada, J6Y 1Y4
Phone450 951 8555
Webhttps://www.loopindustries.com

Loop Industries Management Efficiency

The company has return on total asset (ROA) of (0.5563) % which means that it has lost $0.5563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3998) %, meaning that it created substantial loss on money invested by shareholders. Loop Industries' management efficiency ratios could be used to measure how well Loop Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Loop Industries' Return On Tangible Assets are relatively stable compared to the past year. As of 11/22/2024, Return On Capital Employed is likely to grow to 0.77, while Return On Assets are likely to drop (6.89). At this time, Loop Industries' Total Current Liabilities is relatively stable compared to the past year. As of 11/22/2024, Non Current Liabilities Total is likely to grow to about 4.2 M, while Liabilities And Stockholders Equity is likely to drop slightly above 20.1 M.
Loop Industries currently holds 3.32 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Loop Industries has a current ratio of 4.44, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Loop Industries' use of debt, we should always consider it together with its cash and equity.

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Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate plastics and polyester fibers into base building blocks. The company was incorporated in 2010 and is based in Terrebonne, Canada. Loop Industries operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 92 people. Loop Industries (LOOP) is traded on NASDAQ Exchange in USA. It is located in 480 Fernand-Poitras, Terrebonne, QC, Canada, J6Y 1Y4 and employs 50 people. Loop Industries is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Loop Industries Leadership Team

Elected by the shareholders, the Loop Industries' board of directors comprises two types of representatives: Loop Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loop. The board's role is to monitor Loop Industries' management team and ensure that shareholders' interests are well served. Loop Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loop Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Fady Mansour, Principal CFO
Mike Notaris, Vice Development
Stephen Champagne, Chief Officer
Giovanni Catino, Vice Development
Daniel Solomita, Chairman of the Board and Presidentident and CEO, Treasurer and Secretary
Kevin ODowd, Vice Relations
Thomas Hickey, Principal Officer
Andrea Kostiuk, Vice Communications

Loop Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Loop Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Loop Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Loop Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Loop Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loop Stock

  0.69DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr
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Moving against Loop Stock

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The ability to find closely correlated positions to Loop Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loop Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Loop Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Loop Industries to buy it.
The correlation of Loop Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Loop Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loop Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Loop Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Loop Stock Analysis

When running Loop Industries' price analysis, check to measure Loop Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.